NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Sep 23, 2013 10:37 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: Steady to 2 Higher
Soybean Futures: 3 to 5 Lower
Soybean Meal Futures: Steady to $1 Lower
Wheat Futures: 8 to 10 Higher

Milk:

Milk prices are called mixed early Monday with little additional trade expected before cash markets trade at midday. There is growing uncertainty based on the shift in cash butter markets last week. If these recent gains can be sustained and confirmed with additional trade volume, milk buyers will likely step back into the ...

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